thyssenkrupp (OTCMKTS:TKAMY) Receives “Underweight” Rating from Barclays

Barclays reiterated their underweight rating on shares of thyssenkrupp (OTCMKTS:TKAMY) in a research note issued to investors on Tuesday morning, The Fly reports.

A number of other equities analysts have also weighed in on TKAMY. Zacks Investment Research lowered shares of thyssenkrupp from a buy rating to a hold rating in a research report on Thursday, September 2nd. Credit Suisse Group restated an outperform rating on shares of thyssenkrupp in a research note on Friday, August 13th. Finally, Morgan Stanley reiterated an equal weight rating on shares of thyssenkrupp in a research note on Monday, August 16th. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from, the stock currently has a consensus rating of Hold and a consensus price target of $12.00.

thyssenkrupp stock opened at $10.68 on Tuesday. The business’s 50 day simple moving average is $10.32 and its 200 day simple moving average is $11.71. thyssenkrupp has a 12 month low of $4.48 and a 12 month high of $14.38. The company has a market cap of $6.65 billion, a price-to-earnings ratio of -1.06 and a beta of 2.17. The company has a current ratio of 2.00, a quick ratio of 1.46 and a debt-to-equity ratio of 0.36.

thyssenkrupp (OTCMKTS:TKAMY) last issued its earnings results on Wednesday, August 11th. The company reported $0.24 earnings per share (EPS) for the quarter. The firm had revenue of $10.45 billion for the quarter, compared to analyst estimates of $10.89 billion. thyssenkrupp had a negative return on equity of 39.49% and a net margin of 34.16%. As a group, equities research analysts forecast that thyssenkrupp will post -0.27 earnings per share for the current fiscal year.

About thyssenkrupp

ThyssenKrupp AG is an international group of companies comprising largely independent industrial and technology businesses. It operates through the following segments: Components Technology, Elevator Technology, Industrial Solutions, Marine Systems, Materials Services, Steel Europe, and Corporate. The Components Technology segment offers components for the automotive, construction, and engineering sectors, as well as for the wind turbines.

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